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[Archived] 40 Venky's Premises raided by Indian Tax Officials

Craigman

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Dunnfc World Cup

Dunnfc

Posted
Posted

I've been tracing back balaji he's in and out of court on tax charges allot of it relates to day old chicks and wether in India they should be taxed! 

Hes had some personal tax issues in the past as I've stated in here before the Venkys are in and out of court on all sorts

Dunnfc World Cup

Dunnfc

Posted
Posted
Just now, AllRoverAsia said:

Pune is this years most corrupt City in India with its Tax Office also 'highly' ranked.

We are talking really big brown envelopes.

Why do you think they entered politics in Hyderabad

broadsword World Cup

broadsword

Posted
Posted

Venky's, the people who passed the FA's fit and proper test?

The ones who have kept all their promises to Rovers' fans. Those respectable, upstanding, highly-ethical group?

Them Venky's? They're in tax trouble?

 

Nah, must be another Venky's.

Dreams of 1995

Dreams of 1995

Posted
Posted

It doesn't take a keen investigator to know they aren't "by the book" people. Wouldn't surprise me if it is just a simple misdemeanour brought about by their contempt for the rules; why should people of their stature have to abide by the way things work?

Either way someone will buy a new car or take a luxury holiday off the back of this and normal service will resume next week.

  • Backroom
Tom World Cup

Tom

Posted
  • Backroom
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Just now, blueboy3333 said:

What a relief this could be. I hope they never return.

what-you-did-there-i-see-it.thumbnail.jp

tomphil World Cup

tomphil

Posted
Posted
5 minutes ago, Dreams of 1995 said:

It doesn't take a keen investigator to know they aren't "by the book" people. Wouldn't surprise me if it is just a simple misdemeanour brought about by their contempt for the rules; why should people of their stature have to abide by the way things work?

Either way someone will buy a new car or take a luxury holiday off the back of this and normal service will resume next week.

That's part of it they haven't got to grips with over here as back how whenever things go wrong they stamp feet and bung the right people and it gets sorted or someone else cleans up their mess as happens with rich people.

Over here there is just ever open pockets who keep taking the money but don't sort the mess because it's not in their interests to do so.

JHRover World Cup

JHRover

Posted
Posted
Just now, RV Blue said:

Why would this affect us? Is this similar to what happened with Cellino at Leeds?

If they are convicted of a crime then they can be suspended as directors of the club and banned from decision making for a period of time. This is what happened with Cellino when he was convicted, the league decided that he was banned from running Leeds, so he had to 'resign' and appoint a Chairman to run the club in the meantime.

The difference with this lot is that even if one of them is found guilty of a crime, they'll just be able to delegate to one of the others until any suspension is over with then return to normal service. I suspect given their interest and involvement in the club that things wouldn't be much different if they were all suspended indefinitely, as it seems their accountants are running the show now with only additional expenses e.g. pay offs for managers requiring authorisation from the top dogs.

Nice if the authorities over there are making life uncomfortable for them but I suspect Indian authorities are very different to HMRC....

Blue Cabbage Uefa Europa League

Blue Cabbage

Posted
Posted

Please can someone correct the spelling of "Premesis", it's making me very uncomfortable...

As a few have alluded above I really can't see anything that will come of this and will be forgotten as quickly as the Texan wanting to buy us was...

Glenn World Cup

Glenn

Posted
Posted

Just been talking to one of the guys at work who is familiar with the Indian Tax raids, he said there tend to be two approaches. One is to swiftly come to some agreement that conveniently results in the case going back to the bottom of the pile. The other he said is more akin to a customs search, where they go in mob-handed and literally rip the place apart, not simply politely ask for the books.

If it's made the news, path B sounds more likely.

 

 

blueboy3333 World Cup

blueboy3333

Posted
Posted
Just now, Blue Cabbage said:

Please can someone correct the spelling of "Premesis", it's making me very uncomfortable...

As a few have alluded above I really can't see anything that will come of this and will be forgotten as quickly as the Texan wanting to buy us was...

'Venky's Premesis' is the latest in the film franchise. It's painful to watch and seems to go on forever. Not unlike...

Leonard Venkhater World Cup

Leonard Venkhater

Posted
Posted
Just now, Glenn said:

Just been talking to one of the guys at work who is familiar with the Indian Tax raids, he said there tend to be two approaches. One is to swiftly come to some agreement that conveniently results in the case going back to the bottom of the pile. The other he said is more akin to a customs search, where they go in mob-handed and literally rip the place apart, not simply politely ask for the books.

If it's made the news, path B sounds more likely.

 

 

God, i hope so

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